Granite Countertops

Pierce County, WA

Seller Financing Available
Granite Countertops

Asking Price:$750,000

Cash Flow:$407,284

Gross Revenue:$1,774,496

EBITDA:N/A

FF&E:$300,000

Inventory:$10,000*

Real Estate:$1,085,000*

Established:1996

*not included in asking price.

Granite Countertops

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Business Description

This business sold as of Oct 15th. Established over 20 years and located conveniently to serve all of Western Washington, this business fabricates and installs high-quality solid surface counter tops with an emphasis primarily to commercial businesses and institutions. Employing eleven highly skilled and experienced staff and craftsman, this business enjoys a reasonably higher margin of profitability than most, a 14.5 percent increase in sales and a 16.5 percent increase in cash flow for 2015 and 2014; it is posed for another surge growth for 2016. Approximately 8,100 sq ft of office and fabricating space located on 35,000 of fenced land. Real estate is available to purchase, lease, or lease option for an additional one million eighty five thousand dollars. Seller will cooperate with the requirements of an SBA guaranteed loan in behalf of a qualified purchaser if necessary. (Owner willing to assist in a smooth transition before pursuing other business interests. Asking price of $750,000 to include approximately fifty thousand in work in progress and inventory.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Ideally located to meet general contractors and customers needs. Has 8,100 sf of office and fabricating space
Competition:
Though there are other countertop fabricators, this business has a emphasis on commercial businesses and institutions
Financing:
Seller willing to carry back 10% if necessary for a qualified buyer for a SBA loan
Support & Training:
Seller willing to assist in transition for a limited period of time from date of closing to facilitate a smooth transition
Reason for Selling:
Seller wishes to pursue other personal and family business

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Richard Swift

Business Listed By:
Richard Swift

McMurry & Swift, Inc.

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